Praecis Pharmaceuticals - Ownership and Business Overview

Life ScienceCompany

Praecis Pharmaceuticals Ownership

Who owns Praecis Pharmaceuticals?

Praecis Pharmaceuticals is owned by GSK. It was acquired on February 16, 2007.

Praecis Pharmaceuticals Business Overview

Where is Praecis Pharmaceuticals headquartered?

Praecis Pharmaceuticals is headquartered in Waltham, Maine.

What sector is Praecis Pharmaceuticals in?

Praecis Pharmaceuticals is a life science company.

When was Praecis Pharmaceuticals founded?

Praecis Pharmaceuticals was founded in 1993.

Life Science M&A Summary in 2007

Out of 60 sectors in the Mergr database, life science ranked 10 in number of deals in 2007. The largest life science acquisition in 2007 was Organon BioSciences N.V. - which was acquired by Schering-Plough for $12.4B.

Join Mergr to view all 131 acquisitions of life science companies in 2007, including 29 acquisitions by private equity firms, and 102 by strategics.

Praecis Pharmaceuticals, Inc.

830 Winter Street,
Waltham, Maine 02451
United States,
(781)795-4100

Praecis Pharmaceuticals, Inc. is a biopharmaceutical company focused on utilizing its proprietary technologies for the discovery and development of novel compounds that have the potential to address unmet medical needs or improve existing therapies. PRAECIS has a novel MetAP-2 inhibitor, PPI-2458, in clinical development for cancer indications, including non-Hodgkin’s lymphoma and solid tumors, an innovative drug discovery technology, DirectSelect™, which enables the generation and practical use of ultra-large libraries for the discovery of orally active compounds for drug development, and a research and development program aimed at identifying one or more selective S1P-1 agonist compounds to advance into clinical testing.


Company Summary

SECTOR

Life Science

Established

1993

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Maine Companies , Life Science Companies , United States Companies , Maine Life Science Companies , Maine Life Science with Acquisitions , Maine Life Science with Divestitures

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